Wall Street futures gained on Wednesday morning, with S&P 500 contracts up 0.4% and Nasdaq 100 futures rising 0.7%, as investors anticipated Nvidia's quarterly earnings report after market close. Analysts expect a 79% revenue increase for Nvidia, with options markets predicting a 5.5% stock price move. Market sentiment remains cautious due to ongoing geopolitical tensions in Iran, which could drive inflation and influence the Federal Reserve's interest rate decisions. Treasury yields eased slightly, providing some relief, while Bitcoin showed modest gains despite geopolitical uncertainties. The Federal Reserve's upcoming meeting minutes are also awaited for clues on future monetary policy amid inflation concerns.
The FDA has accepted ImmunityBio's supplemental Biologics License Application (sBLA) for ANKTIVA to treat BCG-unresponsive non-muscle invasive bladder cancer (NMIBC). This acceptance marks a key advancement for the company, with a PDUFA action date s...
Avaí Bio and Austrianova have completed a Master Cell Bank (MCB) of genetically modified cells that overexpress the α-Klotho protein, a key anti-aging protein. This milestone is crucial for producing consistent, safe cell-based therapies targeting ag...
The IT and digital infrastructure market is rapidly expanding due to increased enterprise spending on cloud computing, AI integration, cybersecurity, and managed services. The U.S. IT services market alone reached $405.7 billion in 2023 and is projec...
OpenAI and Google have significantly increased their AI investments in Singapore, establishing the city-state as a key AI hub in Asia-Pacific. OpenAI opened its first applied AI lab outside the U.S. in Singapore, backed by a S$300 million commitment,...
Holzer & Holzer, LLC announced approaching deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against Vital Farms, Super Micro Computer, and Aldeyra Therapeutics. These lawsuits allege misleading statements or ...
